UAL creditors vote to accept reorganization plan

GabrielMadway

SAN FRANCISCO (MarketWatch) -- UAL Corp.
ualaq
the parent company of United Airlines, said late Friday that all the classes of creditors have voted to accept its plan of reorganization. The Chicago-based company, which filed for Chapter 11 protection in December of 2002, said it still hopes to emerge from bankruptcy in February. A bankruptcy court has scheduled a confirmation hearing for the reorganization plan for Jan. 18.

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